===================Program Starting: Sat Mar  2 20:51:30 2024

------ Estimated Model parameters------
             betapar		   0.973900000000000
              Etapar		   0.035000000000000	   0.019500000000000	   0.013500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.214468075000000	   0.240452275000000	   0.279527000000000
            gmapping		   2.179000000000000	   2.443000000000000	   2.840000000000000
               meang		   0.098425000000000
              kappaE		   0.280000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.890000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.001000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.900000000000000
                sigz		   0.418500000000000
                 PiZ	    0	   0.560778726130851	   0.259823617434122	   0.133150291002764	   0.039046841213730	   0.006540976338574	   0.000624569420485	   0.000034978459473	
                 PiZ	    1	   0.296220025238117	   0.294507026079130	   0.249194329875607	   0.120777504252425	   0.033492649260292	   0.005304420288587	   0.000504045005842	
                 PiZ	    2	   0.110560973209393	   0.212616645309335	   0.296977216213190	   0.237671988222660	   0.108944525314200	   0.028568040727306	   0.004660611003916	
                 PiZ	    3	   0.027951001361554	   0.097723609057729	   0.225422787980110	   0.297805203201214	   0.225422787980110	   0.097723609057729	   0.027951001361554	
                 PiZ	    4	   0.004660611003917	   0.028568040727306	   0.108944525314200	   0.237671988222660	   0.296977216213190	   0.212616645309335	   0.110560973209393	
                 PiZ	    5	   0.000504045005842	   0.005304420288587	   0.033492649260292	   0.120777504252425	   0.249194329875607	   0.294507026079130	   0.296220025238117	
                 PiZ	    6	   0.000034978459473	   0.000624569420485	   0.006540976338574	   0.039046841213730	   0.133150291002764	   0.259823617434122	   0.560778726130851	
               Zgrid	   0.039895158324313	   0.359930143754798	   0.679965129185283	   1.000000114615768	   1.320035100046253	   1.640070085476738	   1.960105070907223	
               mupar		   0.500000000000000
              DRIpar		   0.001000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016487125182303 
w    0.253788637357542 
mw    0.326975485710284
u    0.051320571442716 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.619450016428724
Fraction of E>nonE [6.7]    7.320479717827566
Fraction of E [8.2]   10.916463217568561
Ratio mworthJ/mworthW [8]    5.750617804506097
Wealth Gini [0.8]    0.634907491904752
Bankruptcy rate [0.75]    0.655948365079037
U>E [2.2]    4.092440110823457
(UL:    0.027397123324324, US:    0.023923448118392) Unemploy. rate [6.4]    5.132057144271595
IUR (Ui/W) [2.5] = 2.849676
W>E 1 [1.07]    1.164337496000456
W>E 2 [0.89]    0.844548142779420
W>E 3 [1.07]    0.991581183614183
W>U 1 [1.07]    1.398481690654287
W>U 2 [0.89]    0.915201704081617
W>U 3 [1.07]    0.686571254801393
Zero wealth fraction [7- 13]    4.337828083929416
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.008643675691135
Fraction of U>E (rlv to new entrant) [20]    0.242982699244494
Worker exit rate (rlv to workers) [3-6.5]    0.029009682240967
Nshare (US)    0.035504642490832, 	 Nshare(UL):    0.001237670310450, 	 Nshare(WW):    0.001229679316677, 	 Nshare [0.1]:    0.037971992117959
Earning Gini [0.36]    0.465027270674258
Top 1 [30]    0.125750825105989
Fraction U>nonU (rlv to unemployed) [?]   47.985117348540257

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.013205045503084	   0.005181887710260	   0.008281078335704	
   0.009075170590383	   0.006582643343396	   0.007728659797029	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.034479213817827	   0.019378697179216	   0.013369464387360	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.045258329800312	   0.068472691914643	   0.087524606147535	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.015764806209077	   0.005806016295258	   0.007278042030057	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.423530608986824	   0.451882770946250	   0.435256575063608	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.048447735680353	   0.032612944452463	   0.047702922116446	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5201488 	 0.4389268 	 0.0409244 
W 	 0.0212154 	 0.9709903 	 0.0077943 
E 	 0.0100382 	 0.0631666 	 0.9267952 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.025219360486566
Top 1 [41.8]    0.125750825105989
Top 5 [?]    0.327982991513010
Top 10 [77.2]    0.458104188632923
Top 20 [?]    0.643767852345799
Top 40 [?]    0.873528021990045
Bot 20 [?]    0.004928374989242
Bot 40 [?]    0.034874315514377
Bot 60 [?]    0.126471978009955
Bot 80 [?]    0.356232147654201
mworthJ   10.560392919943911
mworthW    1.836392763168671
mworthUi    1.232857813221995
mworthUn    2.541145178216243
avgfirm:   12.920767045904656
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.410490781993902
productionJ (annual)    0.876265528512280
Totalcapital    5.256463956806783
Totallabor    1.091902891890919
Corproduction (annual)    1.103672772878025
Corcapital    3.845973174812882
Totalproduction (annual)    1.979938301390305
capitalJ/Totalcapital    0.268334529368818
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002495530061195
Revenue Basis    0.277112547059756
Optimal tax    0.009425000785599
Optimal tax SEA    0.000000000000000
COST SEA:    0.000132672014087    0.000058716937018
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.839514796381321 
U    0.051320571442716 
VE    0.109164632175686 
-------WELFARE--------
Un -147.000945813796079  Ui -156.143889024722284  J -113.791437256292753  WW -143.374724971342317  Wtot-140.550106702709854   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.172476737330413,    0.249999999999928,    5.179791782668180,    0.498385890765705  
THETA: 1,     0.087817100390939,    0.499999999999863,   12.611253071279622,    0.896847502116850  
THETA: 2,     0.088547590590573,    0.249999999999932,   28.612886813988489,    1.215970767693480  

 GMM ::  367.904053567214248


 ===================Program ended: Sat Mar  2 20:57:38 2024
 in 368.000000 seconds=================
